Comparison between SRM Contractors IPO and TBO Tek IPO.
SRM Contractors IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TBO Tek IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of SRM Contractors IPO is up to ₹130.20 Cr whereas the issue size of the TBO Tek IPO is up to ₹1,550.81 Cr. The final issue price of SRM Contractors IPO is ₹210.00 per share and of TBO Tek IPO is ₹920.00 per share.
| SRM Contractors IPO | TBO Tek IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹200.00 per share | ₹875.00 per share |
| Issue Price (Upper) | ₹210.00 per share | ₹920.00 per share |
| Issue Price (Final) | ₹210.00 per share | ₹920.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 70 shares | 16 shares |
| Fresh Issue Size | 62,00,000 shares | 43,47,826 shares |
| Fresh Issue Size (Amount) | up to ₹130.20 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 0 shares | 1,25,08,797 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1,150.81 Cr |
| Issue Size Total | 62,00,000 shares | 1,68,56,623 shares |
| Issue Size Total (Amount) | up to ₹130.20 Cr | up to ₹1,550.81 Cr |
SRM Contractors IPO opens on Mar 26, 2024, while TBO Tek IPO opens on May 08, 2024. The closing date of SRM Contractors IPO and TBO Tek IPO is Mar 28, 2024, and May 10, 2024, respectively.
| SRM Contractors IPO | TBO Tek IPO | |
|---|---|---|
| Anchor Bid Date | Mar 22, 2024 | May 07, 2024 |
| Issue Open | Mar 26, 2024 | May 08, 2024 |
| Issue Close | Mar 28, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | Apr 01, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | Apr 02, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | Apr 02, 2024 | May 14, 2024 |
| Listing date (Tentative) | Apr 03, 2024 | May 15, 2024 |
| Anchor Lockin End date 1 | May 01, 2024 | Jun 12, 2024 |
| Anchor Lockin End date 2 | Jun 30, 2024 | Aug 11, 2024 |
SRM Contractors IPO P/E ratio is 18.76, as compared to TBO Tek IPO P/E ratio of 64.58.
| SRM Contractors IPO | TBO Tek IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.92 | 51.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.76 | 64.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹481.83 Cr. | ₹9990.08 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.43% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.20 | ₹14.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.02% | 30.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the SRM Contractors IPO Retail Individual Investors (RII) are offered 21,70,000 shares while in TBO Tek IPO retail investors are offered 21,70,000 shares. Qualified Institutional Buyers (QIB) are offered 12,40,100 shares in SRM Contractors IPO and 50,47,205 shares in TBO Tek IPO.
| SRM Contractors IPO | TBO Tek IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,59,900 shares | 75,70,807 shares |
| Market Maker Reservation | ||
| QIB | 12,40,100 shares | 50,47,205 shares |
| NII | 9,30,000 shares | 25,23,602 shares |
| RII | 21,70,000 shares | 16,82,401 shares |
| Employee | 32,608 shares | |
| Others | ||
| Total | 62,00,000 shares | 1,68,56,623 shares |
SRM Contractors IPO subscribed 86.57x in total, whereas TBO Tek IPO subscribed 86.69x.
| SRM Contractors IPO | TBO Tek IPO | |
|---|---|---|
| QIB (times) | 59.59x | 125.51x |
| NII (times) | 214.94x | 50.60x |
| Big NII (times) | 220.57x | 55.82x |
| Small NII (times) | 203.67x | 40.15x |
| RII (times) | 46.97x | 25.72x |
| Employee (times) | 17.81x | |
| Other (times) | ||
| Total (times) | 86.57x | 86.69x |
